Tuesday, February 26, 2008

In case you haven't been paying attention for the last 9 months, the economy is in a shambles. The dollar continues its decline. The "core inflation" rate (a figure of dubious value since it's calculated by EXCLUDING non-essential items like say food and energy) is even showing an uptick of .4 percent. Which is actually a rather large number for that particular measurement since it's the largest increase in 11 months AND double what analysts were expecting.

Now we are starting to see the consequences of the "guns and butter" policy. We are in the midst of an economic meltdown that could take a decade to recover from unless we start cutting government spending and interference in peoples lives.

I'm going to keep hammering this until I'm blue in the face. IT'S ALL THE FAULT OF GOVERNMENT. IF YOU WANT TO END THIS BOOM/BUST CYCLE GET RID OF THE FED. BY DOING THAT A SIDE BENEFIT WILL BE SMALLER, CONSTITUTIONALLY SIZED GOVERNMENT.